Business-Economy

Banks asked to shore up security amid risk of cyber attacks

TDS Desk: Bangladesh Bank (BB) has asked all banks and non-bank financial institutions (NBFIs) to implement stringent security measures for increased risk of cyber attacks. “Bangladesh Cyber Security Intelligence (BCSI)

$13 bn siphoned annually from BD, says TIB

UNB, Dhaka: Bangladesh loses approximately $13 billion every year to illicit financial outflows, creating significant challenges in recovering this vast amount, according to Dr Iftekharuzzaman, Executive Director of Transparency International

Onion, potato prices continue to bite hard

Price of eggs has finally dropped at the retail level after a month amid different initiatives TDS Desk: The prices of potatoes and onions continue to soar at kitchen markets

BD explores avenue to boost revenue collection

TDS Desk: Bangladesh has significant potential for mobilising revenue collection, as highlighted by a recent official assessment on revenue buoyancy, a measure reflecting how tax revenues respond to economic growth.

Bangladesh on right track to control products, services prices: IMF

TDS Desk The International Monetary Fund (IMF) has commented that “Bangladesh is on the right track” in controlling the prices of products and services. Bangladesh Bank (BB) needs to be

‘Banks facing cyberattack risk’

TDS Desk: The Bangladesh Bank has urged all banks and financial institutions to implement stringent security measures for increased risk of cyberattacks. Bangladesh Cyber Security Intelligence (BCSI) has detected a